Ormond Beach Retail Space
For Sale
Contact for pricing
353 W Granada Boulevard, Ormond Beach, FL 32174
High-visibility retail space in a redeveloped Ormond Beach center.
Property Size85,448 SF
Price / SF$0.00
Days on Market329
Property Features for 353 W Granada Boulevard
General Information
Standard status
Active
Size
85,448 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
85,448 SF
Year Built
1984
Properties For Sale
at 353 W Granada Boulevard Contact usSpace 1
Size
5,720 SF
Type
Strip Center
Term
Negotiable
Space 2
Size
27,577 SF
Type
Strip Center
Term
Negotiable
Space 3
Size
10,238 SF
Type
Strip Center
Term
Negotiable
Space 4
Size
2,800 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
John W. Trost, CCIM · License #FL #BK-0160420
(386) 295-5723
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 11
Last Checked: Oct 16 at 6:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Alliance Commercial Real Estate Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
High-visibility retail space is available in a newly redeveloped center in Ormond Beach. The center is anchored by ALDI, which is opening soon. The property is situated on Granada Boulevard, a busy thoroughfare with a daily traffic count of 32,500. The location benefits from strong neighborhood demographics and a growing residential base. Spaces ranging from 2,800, 5,720, and 27,577 up to 49,236 square feet are available. These spaces are suitable for service retail, fitness, restaurant, or specialty concepts, with the opportunity to benefit from ALDI’s consistent foot traffic. Building signage is available. A shared loading dock is present. The property is located on Granada Boulevard at the northeast corner of Granada Boulevard and Orchard Street, approximately 3.8 miles from Interstate 95. Estimated CAM, Real Estate Taxes, and Insurance are $3.44 per square foot.
Key Highlights
- Anchored by ALDI, providing consistent foot traffic
- High‑visibility location on busy Granada Boulevard
- Excellent daily traffic count of 32,500
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$804,792
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,095,840
$16.1M
Cap Rate 7%
$11,497,029
$11.5M
Cap Rate 9%
$8,942,133
$8.9M
Market Conditions
NOI Build-Up for 85,448 SF
Gross rent
$1.28M $15.00/SF
− Vacancy
−$132.0K −$1.55/SF
EGI
$1.15M $13.46/SF
− OpEx
−$344.9K −$4.04/SF
NOI
$804.8K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,095,840
Cap Rate 7%
$11,497,029
Cap Rate 9%
$8,942,133
Alternative Uses
Best Use
Retail
$11.50M
$10.06M – $13.41M
NOI $804,792 @ 7.0% cap · market cap 8,942,133.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.19M
$22.05M – $29.39M
NOI $1,763,647 @ 7.0% cap · market cap 19,596,077.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
183k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 24%
Home Improvements & Furnishings 6%
Groceries 4%
Wawa
Shops & Services
38,923 visits/mo
0.3 miles
Sunoco
Shops & Services
13,017 visits/mo
0.4 miles
Dollar General
Shops & Services
10,824 visits/mo
0.5 miles
Dollar Tree
Shops & Services
10,430 visits/mo
0.3 miles
Taco Bell
Dining
10,378 visits/mo
0.0 miles
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- East Coast Plaza — 299-259 S Yonge St, Ormond Beach, FL 32174
- The Nova Shoppes Shopping Center — 175-183 S Nova Rd, Ormond Beach, FL 32174
- Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 353 W Granada Blvd, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Shopping center - High-visibility retail space in a redeveloped Ormond Beach center.
Where is this shopping center located?
The property is located at 353 W Granada Boulevard Ormond Beach, FL.
What are key features of this property?
This property features: Anchored by ALDI, providing consistent foot traffic; High‑visibility location on busy Granada Boulevard; Excellent daily traffic count of 32,500
